Tag: Kobe Steel
Kobe Steel to open headquarters in China
Kobe Steel’s Chinese headquarters will open on 1 April 2011. Kobelco (China) Holding Co., Ltd., as the company will be called, is the first headquarters established in China by a Japanese steelmaker. Based in Luwan, Shanghai, the wholly-owned subsidiary of Kobe Steel is capitalized at USD 50.14 million.
Kobe combine environmental businesses
Kobe Steel Ltd. and subsidiary Shinko Pantec Co. Ltd have agreed to consider combining Kobe Steel's environmental business and Shinko Pantec in January 2004.
Kobe to shed workers in Japan
Japan's fifth largest steel maker Kobe Steel will cut 1700 workers in Japan, or 6% of its global work force, to reduce costs in an industry hard hit by sliding steel prices and declining demand.